Binance will support the Fantom (FTM) token swap and rebranding to Sonic (S).
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Binance will support the Fantom (FTM) token swap and rebranding to Sonic (S).
At 2025-01-13 03:00 (UTC), Binance will delist all existing FTM spot trading pairs (i.e., FTM/BTC, FTM/BNB, FTM/ETH, FTM/EUR, FTM/FDUSD, FTM/TRY, FTM/USDC, and FTM/USDT) and cancel all pending FTM spot trading orders. At 2025-01-16 08:00 (UTC), Binance will open trading for the S/BTC, S/BNB, S/ETH, S/EUR, S/FDUSD, S/TRY, S/USDC, and S/USDT trading pairs.
General
Deposits and Withdrawals
At 2025-01-13 03:30 (UTC), deposits and withdrawals of FTM tokens will be suspended. Please ensure that you leave sufficient time for your FTM token deposits to be fully processed prior to this time.
Deposits of S tokens will be opened at 2025-01-16 07:00 (UTC).
Binance will make a separate announcement after the event is completed to notify users when withdrawals of S tokens have opened.
After the event is complete, withdrawals of FTM tokens will no longer be supported.
Binance will handle all technical requirements for users who are involved in this event.
Users may refer to the announcement from the project team for more information.
Please take note of these key tokenomics changes after this event:
Initial circulating supply of S will be around 2.88 billion, with an initial total supply of 3.175 billion, matching FTM's at Sonic chain launch.
Total supply of S:
Will increase and be capped at 15% until 2031 (excluding block rate rewards).
Annual inflation rate will be at 1.75%, four years after Sonic chain launch.
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